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  1. SniperDaytrader

    SniperDaytrader´s journal

    Thank you very much for your input, but I know exactly at which levels I want to enter and when.
  2. SniperDaytrader

    SniperDaytrader´s journal

    NQ Nasdaq is in long term uptrend, close to it’s high from November last year. Premarket opened with gap which the market later filled. I am preplanned 2 support and 2 resistance zones (see the pic). I prefer long trades from globex low at 4233. Otherwise, I will be looking at other dynamic S/R...
  3. SniperDaytrader

    SniperDaytrader´s journal

    I am currently at final stage of testing the strategy on SIM account. Hopefully I will start live again. I challenged myself to make $1500 with 70% win ration minimum as a condition to start live. I am at $700 with 70.13% - everything with single contract. After I switch to live trading, I will...
  4. SniperDaytrader

    SniperDaytrader´s journal

    I trade NQ and YM. My initial SL varies according to volatility from 8-12 ticks. But as you stated correctly it is my initial SL. If I see development which I don't like I usually get out of the trade at BE or -4/-6. I try at least, sometimes I get very volatile movement against me and then I...
  5. SniperDaytrader

    SniperDaytrader´s journal

    That is just not my style. I pre-define the entry areas. Either before trading starts, or during the trading. But I always know where I want to enter at least 5-15min before I place the order.
  6. SniperDaytrader

    SniperDaytrader´s journal

    Well, I traded several trading approaches/strategies in past 6 years and from my own experience I can tell you that all of them required superb discipline, well defined plan and money management rules. If you don´t have that you better don't trade at all. The system which I trade is very...
  7. SniperDaytrader

    SniperDaytrader´s journal

    Thank you for your feedback. I am pretty confident I discovered the edge I needed in trading. My last year´s SIM results are clearly showing it. So the question is - why my SIM trading results show constant equity grow and why I allways fail in LIVE. What do you think? And thanx for the advice...
  8. SniperDaytrader

    SniperDaytrader´s journal

    I am attaching also my equity curve and trade activity log from SC. The red markers divide weeks, the black ones days. Please remember those are single contract results. I had some difficulties since the beginning of this year resulting in overtrading and thus lowering my win% ratio. I had...
  9. SniperDaytrader

    SniperDaytrader´s journal

    This week was extraordinary thanks to series of unexpected events. The volatility was high but that was not the biggest issue. All the big market moves which I am used to catch at the beginning (at least some of them) had very strange start. Like if there was something missing in the orderflow...
  10. SniperDaytrader

    SniperDaytrader´s journal

    I spent the better part of the last 6 years of my life trying to succeed in trading. I blew couple of trading accounts, lost lot of money and time. I felt both pure joy and deep frustration while on my path. I traded different methods and strategies since 2009 when I entered my first live trade...
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